#BANKNIFTY analysis for tomorrow. In my opinion the market will be bullish tomorrow. if the market cross 42150 zone then we can go for CE(CALL) first target= 42252.42379,42460,42514. if the market cross 41998 zone then we can go for PE(PUT) first target 41912,41866,41712,41661....
Levels for tomorrow BN A descending Triangle in BankNifty
12 Jan 2023 2115 Hrs 1. US and Europe is bullish on daily time frame but all look over bought. a dip may in the offering. 2. Asia is neutral to bullish and over bought. 3. Today India Inflation figures came better than expected. So also US inflation data which has come above expectation. 4. SGX Nifty is indicating 59 points uptick @ 17961. This amounts to 150...
On the back of existing bearishness, BN is likely to see a gap down to flat opening on 13/1/23. in caseof gap down opening beyond 42000, small qty of PE side trade can be taken with target 41900/41808/41750 with sl of 42100. in case of flat opening, wait for price action confirmation. long trade above 42125 with sl of 42100 with target of 42225/42334 (highly unlikely)
Well for starters - yesterday's bullish call didnt go that well. NSE:BANKNIFTY ended 0.21% lower. Luckily its only down 37 odd pts because at 13.35 we were 595pts ~ 1.41% from the HOD. If you had read by bullish call before that - you would have thought i am crazy. From an expiry trading perspective today proved to be an ideal day for traders both bulls & bears,...
triangle pattern in hourly time frame ...chart is self explanatory .. watch for support and resistance
Banknifty has given 2 dragon fly dojis and if the market start trading above 42300 levels, nice movement can be captured. The market on the hourly time frame, has closed below 61.8% fibonacci level but between both the moving averages. The market took support around the 41750 levels and closed near 42100 losing 150 points. On the 15 minutes chart, market gave...
Currently short in the money 43000PE 19 JAN. Entry at Rs. 1076.
buy banknifty call above 4350 tgt-42500/43400 buy banknifty put below 42000 tgt-41700/41000 buy banknifty call above 4350 tgt-42500/43400 buy banknifty put below 42000 tgt-41700/41000
$BANKNIFTY >41800 held very strong we should wait for good entry for long side to keep stoploss smaller
Buy above 42260 with the stop loss of 42200 for the targets 42320, 42380, 42460, 42540 and 42660. Sell below 42160 with the stop loss of 42220 for the targets 42100, 42020, 41960, 41880 and 41800.
making hh pa bt previous trend bearish buyers will trapped
Buying BN futures with SAR. So if my stop loss is hit, it will take twice the sell orders which means then sell trade will be open. For today, Selling 41900PE at 84 with SL at 240. (r:R 3:1) Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction....
uy above 42340 - Target would be 42530 and 42680 SL 42075 Sell below 42030 - Target would be 41875 and 41690 SL-42280 This time i have given with SL also. But you can have your SL with your money management. Disclaimer: Iam not a SEBI registered and not a tip provider and this chart is not indented to take trade in my levels, It is shared here for educational...
PE 42400 T1 -> 400 T2 -> 500 [SL -> 150 CE 41600 T1 -> 600 T2 -> 750 SL -> 400 NOTE - above level only for study purpose only not for trade.
hello dosto namskaar banknifty yadi 42325 koyadi 15 munite sustain karke break karti hai to next target near 42500 target hit hona chaiye